Charter Communications Inc (CHTR)

Days of sales outstanding (DSO)

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Receivables turnover 18.42 18.49 20.04 21.85 20.55
DSO days 19.82 19.74 18.21 16.70 17.76

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 18.42
= 19.82

The Days Sales Outstanding (DSO) of Charter Communications Inc. has shown a generally increasing trend over the past five years, starting at 17.76 days at the end of 2019 and reaching 19.82 days by the end of 2023. This indicates that the company is taking longer to collect its accounts receivable over time.

The DSO of 19.82 days at the end of 2023 is higher compared to the previous years, such as 19.74 days in 2022 and 18.21 days in 2021. A rising DSO could imply potential issues with the company's credit policies, collection efficiency, or customer payment behaviors.

However, it is worth noting that Charter Communications Inc.'s DSO is relatively low compared to some other industries, which may indicate efficient accounts receivable management overall. It would be beneficial for the company to monitor and analyze the reasons behind the increasing trend in DSO to ensure timely collection of receivables and maintain healthy cash flow.


Peer comparison

Dec 31, 2023

Company name
Symbol
DSO
Charter Communications Inc
CHTR
19.82
Cable One Inc
CABO
23.02
Comcast Corp
CMCSA
41.47
Warner Bros Discovery Inc
WBD
56.75

See also:

Charter Communications Inc Average Receivable Collection Period